On 11 December 2018, the German Federal Financial Supervisory Authority (hereinafter referred to as “BaFin”) published its Instructions for the Interpretation and Application of the German Anti-Money Laundering Act (hereinafter referred to as the “IIA”). The present version was preceded by a draft which BaFin published for consultation in March 2018 (hereinafter referred to as […]
About Peter Frey
Peter has been working as a lawyer since 2002. As a lawyer and partner at Aderhold law firm in Munich he is a member of the Payment and FinTech practice group and specialises in extensively advising clients in the areas of banking and banking supervisory law, payment transaction law as well as asset management.
Entries by Peter Frey
Cloud computing is playing an increasingly important role as digitalisation progresses, including in the financial sector. When using cloud services, regulated institutions must comply with the regulatory requirements regarding outsourcings. This is reason enough for PayTechLaw to briefly present some of the key aspects of the framework conditions applicable in this area. We should already […]